Purple Innovation Responds to Coliseum Capital’s Campaign to Replace a Majority of the Board

1 month ago Yahoo Finance

The Special Committee of the Board of Directors made the following statement:We are extremely disappointed that Coliseum has launched a proxy fight seeking to replace a majority of Purple’s Board, which currently comprises seven members. Coliseum’s Managing Partner Adam Gray has served on Purple’s Board of Directors since the time the Company went public in 2018. Mr. Gray’s posture only changed in January when the Company rejected Coliseum Capital’s undervalued buyout proposal of $4.35 per share. Only in January, after the Company turned down Coliseum’s opportunistic proposal, has Coliseum leveled criticisms and initiated the process to replace the majority of the Board with individuals of Coliseum’s choosing. 1 filed with the SEC on March 16, 2022 and in our other filings with the SEC.
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RPT-UPDATE 6-China's Xi clinches third term, packs leadership with loyalists

The other members of the seven-man Standing Committee are Zhao Leji and Wang Huning, who return from the previous committee, and newcomers Cai Qi, Ding Xuexiang and Li Xi. Li Qiang is also new to the Standing Committee. "All of his rivals, potential and real, have been forced out of the Politburo Standing Committee and Xi loyalists took their place. The ascension of Li Qiang, 63, to the number two spot, meanwhile, speaks to the importance of ties to Xi. But Li and Xi share a long history, including Li's stint as Xi's chief of staff when Xi was party chief in Zhejiang province.

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Yum China Announces Primary Listing on the Hong Kong Stock Exchange and Inclusion in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect

Also effective today, the Company's common stock traded on HKEX are now included in both Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. Our inclusion in both Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect opens access to mainland China investors. About Yum China Holdings, Inc.Yum China Holdings, Inc. is a licensee of Yum! In addition, Yum China has partnered with Lavazza to explore and develop the Lavazza coffee shop concept in China. In 2022, Yum China ranked # 359 on the Fortune 500 list.

5 months ago Yahoo Finance

China Q3 GDP growth rebounds at faster pace but risks loom

China Q3 GDP growth rebounds at faster pace but risks loom Lujiazui financial district in ShanghaiBy Ryan Woo and Ellen ZhangBEIJING (Reuters) -China's economy rebounded at a faster-than-expected pace in the third quarter, but strict COVID curbs, a deepening property crisis and global recession risks are challenging Beijing's efforts to foster a robust revival over the next year. Gross domestic product (GDP) in the world's second-biggest economy rose 3.9% in the July-September quarter year-on-year, official data showed on Monday, above the 3.4% pace forecast in a Reuters poll of analysts, and quickening from the 0.4% pace in the second quarter. "Its strong fundamentals will not change, and it will remain on a positive trajectory over the long run." Retail sales grew 2.5%, missing forecasts for a 3.3% increase and easing from August's 5.4% pace, underlining still fragile domestic demand. "On the policy front, the overall policy will remain supportive," said Hao Zhou, chief economist at Guotai Junan International.

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New TREMFYA® (guselkumab) Data Show an Overall Clinical Response Rate of Approximately 80 Percent in a Phase 2b Induction Study of Adults with Moderately to Severely Active Ulcerative Colitis

Janssen Research & Development, LLC is part of the Janssen Pharmaceutical Companies of Johnson & Johnson. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments. QUASAR Induction Study 1 Cumulative Response to Guselkumab in Patients With Moderately to Severely Active Ulcerative Colitis (Abstract #A0395). Media Contact:Craig StoltzMobile: (215) 986-1975Investor Contact:Raychel KruperOffice: (732) 524-6164CisionView original content to download multimedia:https://www.prnewswire.com/news-releases/new-tremfya-guselkumab-data-show-an-overall-clinical-response-rate-of-approximately-80-percent-in-a-phase-2b-induction-study-of-adults-with-moderately-to-severely-active-ulcerative-colitis-301656396.htmlSOURCE Janssen Pharmaceutical Companies of Johnson & Johnson

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Ventilation Improvement Program for Ontario Schools reaches a major milestone

Ventilation Improvement Program for Ontario Schools reaches a major milestone. The American Society of Heating, Refrigerating and Air-conditioning engineers (ASHRAE) estimates that most commercial buildings experience 10-25% air duct leakage. Mohawk College acts as the Research and Validation partner for the Cleaner Air for Schools program. Said Rob Hallewick, President of NERVA Energy and co-founder of the Cleaner Air for Schools program. As a co-founder of the Cleaner Air for Schools Program, NERVA is approved by the Ontario Collaborative Educational Marketplace (OECM) to provide Duct Sealing services, including ventilation auditing, optimization and validation.

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Cboe Global Markets and SBI Holdings, Inc. Sign Memorandum of Understanding

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Spatial Computing Market Revenue by 2021 was US$ 87.5 Bn and the Market is Expected to Reach US$ 544.6 Bn by 2032 end, Growing at a CAGR of 18.2%. Expert analysis by Future Market Insights, Inc.

The South Asia and Pacific Region Spatial Computing Market is expected to grow at a CAGR of 23.8%. Virtual reality has the largest market share for the spatial computing Market, with 37.8%. By Technology, virtual reality had the higher market share for 2021 with a market share of 48.5%. Large enterprises are heavily investing in spatial computing technologies, suggesting that they intend to be at the forefront when spatial computing begins to boom." Contact Us:Future Market Insights Inc.Christiana Corporate, 200 Continental Drive,Suite 401, Newark, Delaware - 19713, USAT: +1-845-579-5705For Sales Enquiries: [email protected] Latest Market reports: https://www.futuremarketinsights.com/reportsLogo: https://mma.prnewswire.com/media/1197648/FMI_Logo.jpgCisionView original content:https://www.prnewswire.com/news-releases/spatial-computing-market-revenue-by-2021-was-us-87-5-bn-and-the-market-is-expected-to-reach-us-544-6-bn-by-2032-end-growing-at-a-cagr-of-18-2-expert-analysis-by-future-market-insights-inc-301656951.htmlSOURCE Future Market Insights

5 months ago Yahoo Finance

HeveaConnect announces name change to Agridence and incorporates subsidiary

SINGAPORE, Oct. 25, 2022 /PRNewswire/ -- HeveaConnect Pte Ltd ("HC") today announced its corporate name change to Agridence Pte Ltd ("Agridence"). Founded in 2018, Agridence has built a digital trading platform for physical natural rubber trading with more than 600,000 metric tonnes ("mT") traded since 2019. Fueled by a recent round of Series A funding, Agridence plans to enter different agri-commodity verticals other than natural rubber. To cater for the expansion, Agridence has incorporated a wholly owned subsidiary, Agridence Rubber Pte Ltd ("ARPL"), to tailor to the specific needs of the natural rubber industry. About Agridence Pte LtdFounded and based in Singapore, Agridence brings you the future of commodities trading.

5 months ago Yahoo Finance

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